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Reply #3: The tax system we have is dedicated to penalizing hard work [View All]

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Warpy Donating Member (1000+ posts) Send PM | Profile | Ignore Wed Apr-12-06 11:32 AM
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3. The tax system we have is dedicated to penalizing hard work
so forget that idea completely.

We penalize hard work by stealing OASDI overpayments and putting them into the general fund that income tax goes into, thus smacking most working people with double taxation. Overtime is taxed at a much higher rate than straight pay, another penalty.

We tax capital gains and other investment income at a far lower rate, meaning if you don't work for a living and just watch investment cash roll in, you're coddled by the system.

This country seems to feel people who support themselves through their work are prime suckers. They double tax, double charge, raid pensions, kill benefits, and laugh all the way to the bank as they grab all the money they suck out of workers.

All of this is happening as they cheat us out of living wages by fiddling with the CPI to bamboozle us into thinking the inflation we see everywhere is some sort of an illusion, a result of poor purchase choices.

The issue is WAGES. Any Democrat who doesn't campaign on it is a fool.

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